Abcourt Mines (TSE:ABI)
:ABI
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Abcourt Mines
(ABI)
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Rating:42Neutral
Price Target:
C$0.10
▼(-8.18% Downside)
Action:ReiteratedDate:02/20/26
The score is primarily constrained by weak financial performance—large ongoing losses, high leverage versus a thin equity base, and substantial cash burn. Technical indicators are mixed but lean bearish (negative MACD, RSI below 50) with some oversold support. Valuation provides limited support due to negative earnings and no dividend yield data.
Positive Factors
Owned mine infrastructure (Sleeping Giant)
Ownership of the Sleeping Giant mine and related infrastructure provides durable operational optionality: it shortens time and capital needed to resume or scale production, supports potential ore processing on-site, and increases attractiveness for joint ventures or asset monetization over a multi‑month horizon.
Negative Factors
Large ongoing cash burn
Sustained negative operating and free cash flow creates persistent financing need. Over 2–6 months this raises liquidity risk, increases probability of dilutive capital raises or asset sales, and constrains investment in development or exploration required to reach sustained production and positive margins.
Read all positive and negative factors
Positive Factors
Negative Factors
Owned mine infrastructure (Sleeping Giant)
Ownership of the Sleeping Giant mine and related infrastructure provides durable operational optionality: it shortens time and capital needed to resume or scale production, supports potential ore processing on-site, and increases attractiveness for joint ventures or asset monetization over a multi‑month horizon.
Read all positive factors
Abcourt Mines (ABI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$125.25M
Dividend YieldN/A
Average Volume (3M)2.11M
Price to Earnings (P/E)―
Beta (1Y)1.75
Revenue Growth-100.00%
EPS Growth-7.21%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,192,893,700
10 Day Avg. Volume2,971,506
30 Day Avg. Volume2,112,011
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)-66.21
Price to Sales (P/S)0.00
P/FCF Ratio-2.21
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Abcourt Mines Business Overview & Revenue Model
Company Description
Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. It also explores for silver, copper, and zinc ores, as well as diamond deposits. The company holds a 100% interest in the...
How the Company Makes Money
Abcourt Mines makes money primarily through (1) the sale of mineral production when it is in production (e.g., selling gold and/or other payable metals produced from its mining operations, typically as doré or via off-take/refining arrangements wh...
Abcourt Mines Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.89M | 0.00 | 265.12K | 7.01M | 20.39M | 27.59M |
| Gross Profit | -5.03M | -545.55K | -338.00K | 2.78M | -2.41M | 3.43M |
| EBITDA | -16.72M | -15.43M | -10.36M | -4.82M | -19.48M | 4.92M |
| Net Income | -18.79M | -14.42M | -11.59M | -5.34M | -21.62M | 2.42M |
Balance Sheet | ||||||
| Total Assets | 38.94M | 21.41M | 14.06M | 17.40M | 12.29M | 31.79M |
| Cash, Cash Equivalents and Short-Term Investments | 2.03M | 2.58M | 757.75K | 963.97K | 720.51K | 2.45M |
| Total Debt | 17.65M | 2.28M | 1.32M | 1.85M | 2.48M | 1.93M |
| Total Liabilities | 36.30M | 22.01M | 20.35M | 19.27M | 15.41M | 15.05M |
| Stockholders Equity | 2.64M | -599.53K | -6.28M | -1.87M | -3.13M | 16.73M |
Cash Flow | ||||||
| Free Cash Flow | -33.37M | -17.94M | -10.40M | -664.31K | -3.94M | -2.59M |
| Operating Cash Flow | -25.13M | -17.53M | -10.16M | -79.64K | -1.96M | 5.12M |
| Investing Cash Flow | -11.31M | 232.77K | 3.64M | -477.14K | -1.98M | -7.12M |
| Financing Cash Flow | 36.77M | 19.12M | 6.31M | 800.25K | 2.21M | 2.49M |
Abcourt Mines Technical Analysis
Positive
0.11
Price Trends
0.10
Negative
0.10
Positive
0.08
Positive
Market Momentum
>-0.01
Negative
49.31
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ABI, the sentiment is Positive. The current price of 0.11 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.31 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ABI.
Abcourt Mines Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | C$100.71M | 3.32 | 3.86% | ― | 160.50% | 96.56% | |
55 Neutral | C$107.03M | -39.48 | -36.15% | ― | ― | -661.70% | |
51 Neutral | C$135.63M | -7.36 | ― | ― | ― | ― | |
45 Neutral | C$161.22M | ― | -88.13% | ― | ― | 16.91% | |
42 Neutral | C$125.25M | -27.33 | 1090.02% | ― | -100.00% | -7.21% | |
40 Underperform | C$127.39M | -22.50 | 149.49% | ― | ― | -77.78% |
* Basic Materials Sector Average
TSE:ABI
Abcourt Mines
0.11
0.05
90.91%
TSE:MGM
Maple Gold Mines Ltd
2.40
1.65
220.00%
TSE:ECR
Cartier Resources
0.24
0.14
128.57%
TSE:ESM
Euro Sun Mining
0.29
0.22
311.43%
TSE:LIO
Lion One Metals
0.25
-0.01
-3.85%
TSE:VEIN
Pasofino Gold
0.90
0.43
90.43%
Abcourt Mines Corporate Events
Business Operations and StrategyExecutive/Board Changes
Abcourt Advances Sleeping Giant Mine as It Reassesses Abcourt-Barvue Asset
Positive
Mar 18, 2026
Abcourt Mines reported continued progress at its Sleeping Giant gold mine in February, with head grades averaging 5.7 g/t and 318 ounces produced, while total site employment rose to 134 as the company ramps up underground development toward long-...
Business Operations and Strategy
Abcourt Mines Uses Drone Survey to Refine Gold Targets at Flordin Property
Positive
Feb 23, 2026
Abcourt Mines has completed a high-resolution drone magnetic survey over its Flordin gold property in Quebec, covering 463 kilometres of tightly spaced flight lines to map subsurface structures. The work confirms that a major magnetic anomaly, cor...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Abcourt Mines Narrows Loss as Sleeping Giant Development Advances and New Financing Secured
Positive
Feb 19, 2026
Abcourt Mines reported second-quarter results to December 31, 2025, posting $4.9 million in revenue and a profit from mining operations despite an overall net loss of $1.1 million for the quarter and $8.7 million for the first half. The company ci...
Business Operations and StrategyFinancial Disclosures
Abcourt Mines Posts Record Output and Details 2026 Expansion Plans at Sleeping Giant
Positive
Feb 18, 2026
Abcourt Mines reported a strong operational performance in January 2026 at its Sleeping Giant Mine, highlighted by record gold production driven by higher processed tonnage and grades, and the hiring of 25 new employees, bringing its workforce to ...
Business Operations and Strategy
Abcourt Launches 20,000-Metre Phase 2 Drilling Campaign at Flordin Gold Property
Positive
Feb 5, 2026
Abcourt Mines has resumed drilling on its Flordin Property, launching a 20,000-metre Phase 2 drilling program split between the Cartwright and South Zone sectors to extend and better define gold-bearing zones both laterally and at depth over more ...
Business Operations and StrategyExecutive/Board Changes
Abcourt Mines Strengthens Executive Team With New VP for Communications and Corporate Development
Positive
Feb 3, 2026
Abcourt Mines Inc. has appointed long-time strategic partner Dany Cenac Robert as Vice-President, Communications and Corporate Development, strengthening its management team as it advances gold projects in Quebec. With more than two decades of exp...
Business Operations and StrategyPrivate Placements and Financing
Abcourt Mines Secures US$30 Million Glencore Financing and Long-Term Offtake for Sleeping Giant
Positive
Jan 30, 2026
Abcourt Mines has closed a senior secured debenture financing of up to US$30 million and an associated offtake agreement with commodities giant Glencore, securing a long‑term buyer for 100% of the gold and silver dore from its Sleeping Giant...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Abcourt Advances Underground Work and Output at Sleeping Giant Mine Despite Holiday Mill Pause
Positive
Jan 20, 2026
Abcourt Mines reported steady progress in underground development and rehabilitation at its Sleeping Giant mine in Quebec during the quarter and month ended December 2025, despite a holiday-related pause at the ore processing plant from December 2...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
Abcourt Mines Strengthens Leadership Team as Sleeping Giant Mine Returns to Production
Positive
Jan 13, 2026
Abcourt Mines has appointed mining engineer and former director Loïc Bureau as Chief Operating Officer, prompting his resignation from the board so he can fully focus on the company’s operations, including the recently restarted Sleepin...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.